{"id":360328,"date":"2024-10-02T16:10:12","date_gmt":"2024-10-02T10:40:12","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=360328"},"modified":"2024-10-02T16:10:12","modified_gmt":"2024-10-02T10:40:12","slug":"bitcoin-etfs-break-8-day-inflow-streak-as-outflows-spike-to-242-million-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-etfs-break-8-day-inflow-streak-as-outflows-spike-to-242-million-crypto-news\/","title":{"rendered":"Bitcoin ETFs break 8-day inflow streak as outflows spike to $242 million – Crypto News"},"content":{"rendered":"
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On Oct.1, Bitcoin ETFs experienced significant net outflows<\/a>, totaling $242.6 million, reflecting a sharp reversal<\/a> from the large inflows seen in the previous week. Fidelity\u2019s FBTC ETF led the withdrawals, recording $144.7 million in outflows, while Ark\u2019s ARKB ETF saw $84.3 million in redemptions. Bitwise\u2019s BITB ETF also posted $32.7 million in outflows, and VanEck\u2019s HODL ETF lost $15.8 million. Grayscale\u2019s GBTC ETF recorded a smaller outflow of $5.9 million. BlackRock\u2019s IBIT ETF was the sole major fund with inflows, adding $40.8 million.<\/p>\n\n\n\n\n\n
ETF Provider<\/th>\nIBIT<\/th>\nFBTC<\/th>\nBITB<\/th>\nARKB<\/th>\nBTCO<\/th>\nEZBC<\/th>\nBRRR<\/th>\nHODL<\/th>\nBTCW<\/th>\nGBTC<\/th>\nBTC<\/th>\nTotal ($M)<\/th>\n<\/tr>\n<\/thead>\n
Bitcoin ETFs<\/td>\n40.8<\/td>\n(144.7)<\/td>\n(32.7)<\/td>\n(84.3)<\/td>\n0.0<\/td>\n0.0<\/td>\n0.0<\/td>\n(15.8)<\/td>\n0.0<\/td>\n(5.9)<\/td>\n0.0<\/td>\n(242.6)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Ethereum ETFs<\/a> saw no major activity on Oct. 1. BlackRock\u2019s ETHA ETF posted a modest inflow of $11 million, while Grayscale\u2019s ETHE fund, which had experienced outflows the day before, remained unchanged. The market for other Ethereum ETFs, including Fidelity, Bitwise, 21Shares, VanEck, and Invesco, remained quiet, with no inflows or outflows reported.<\/p>\n\n\n\n\n\n
ETF Provider<\/th>\nETHA<\/th>\nFETH<\/th>\nETHW<\/th>\nCETH<\/th>\nETHV<\/th>\nQETH<\/th>\nEZET<\/th>\nETHE<\/th>\nETH<\/th>\nTotal ($M)<\/th>\n<\/tr>\n<\/thead>\n
Ethereum
ETFs<\/td>\n		11.0<\/td>\n0.0<\/td>\n0.0<\/td>\n0.0<\/td>\n0.0<\/td>\n0.0<\/td>\n0.0<\/td>\n(11.8)<\/td>\n0.0<\/td>\n(0.8)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The sharp outflows from Bitcoin ETFs, particularly from Ark and Fidelity, suggest a potential shift in sentiment after the strong inflows<\/a> of late September. Meanwhile, Ethereum ETFs remained relatively quiet, with minimal movements suggesting a wait-and-see approach among institutional investors.<\/p>\n

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Disclaimer:<\/strong> Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

On Oct.1, Bitcoin ETFs experienced significant net outflows, totaling $242.6 million, reflecting a sharp reversal from the large inflows seen in the previous week. Fidelity\u2019s FBTC ETF led the withdrawals, recording $144.7 million in outflows, while Ark\u2019s ARKB ETF saw $84.3 million in redemptions. Bitwise\u2019s BITB ETF also posted $32.7 million in outflows, and VanEck\u2019s […]<\/p>\n","protected":false},"author":2,"featured_media":360332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-360328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/360328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=360328"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/360328\/revisions"}],"predecessor-version":[{"id":360334,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/360328\/revisions\/360334"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/360332"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=360328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=360328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=360328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}